Phoenix Homes with Other Parking Features

Phoenix Homes with Other Parking Features

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban energy with breathtaking natural beauty. Nestled in the heart of Maricopa County, Phoenix is renowned for its stunning desert landscapes, rich cultural heritage, and year-round sunshine. As the fifth-largest city in the United States, it offers a diverse array of activities, from world-class dining and shopping to outdoor adventures in the nearby mountains and parks.

One of the many appealing features of Phoenix real estate is the variety of homes available, particularly those with unique parking options. In a city where outdoor living is a way of life, properties with additional parking features cater to the needs of homeowners and their guests. Whether you’re looking for a spacious driveway, a garage that can accommodate multiple vehicles, or even RV parking, Phoenix has it all. This flexibility ensures that your vehicles are well taken care of, while also providing ample space for entertaining friends and family.

Imagine coming home to a beautiful property that not only boasts stunning desert views but also offers the convenience of extra parking. Whether you’re a car enthusiast, an outdoor adventurer with an RV, or simply someone who enjoys hosting gatherings, having dedicated parking spaces is a valuable asset.

In Phoenix, you’ll find homes that are more than just a place to live; they are a gateway to a lifestyle filled with adventure, community, and endless sunshine. Explore the possibilities of calling this dynamic city home, and discover the perfect property that meets all your needs, including those essential parking features!

Newest Phoenix Homes with Other Parking Features

8939 N 8th Street, Phoenix
$1,550,000
10 Beds ⋅ 8 Baths ⋅ 7061722 MLS
Eight-unit Phoenix multifamily investment under one Absolute NNN master lease. Offered at $1,625,000 with current Year-2 base rent and NOI of $127,200, a 8.21% cap rate. Six 1BR and two 2BR units across three buildings. Tenant pays taxes, insurance, utilities and operating expenses. Lease runs through 8/31/2030 with $100 monthly base-rent increases at each remaining lease-year anniversary, two five-year options, a personal guarantee and first right of refusal. Interior renovations, gated courtyard, on-site laundry and three storage rooms enhance the property. No seller financing. Do not disturb tenants. Buyer to verify all information. Acquire eight residences supported by a single Absolute NNN master lease in Phoenix's Sunnyslope/North Mountain area. The property includes six one-bedroom/one-bath units and two two-bedroom/one-bath units in three one-story buildings. Reported building area is approximately 4,461 SF on approximately 14,257 SF of land. The initial lease began September 1, 2025 and expires August 31, 2030. Current Year-2 base rent, effective September 1, 2026, is $10,600 monthly or $127,200 annually. Annual NNN reimbursements total $12,577.32, comprising $4,040.40 for taxes and $8,536.92 for insurance. Total annual rent plus reimbursements is $139,777.32. Matching reimbursed expenses are $12,577.32, leaving $127,200 NOI and a 8.21% cap rate at the $1,550,000 asking price. These are annualized current lease-year figures. Monthly base rent increases to $10,700 on September 1, 2027, $10,800 on September 1, 2028 and $10,900 on September 1, 2029. Year-5 annual base rent is $130,800. cap rate at the current asking price under the stated NNN structure. Two five-year renewal options, a personal guarantee and a first right of refusal are reported. Renewal options are not exercised lease terms. Features include extensive 2024 interior renovations, tenant-funded exterior paint and landscaping, gated access, a privacy wall, paver courtyard, an on-site laundry room and three storage rooms. Nearby services include healthcare, public transportation, shopping and North Mountain recreation. Seller financing is not available. Please do not disturb residents. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

8939 N 8th Street, Phoenix

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